Filing Details
- Accession Number:
- 0001127602-16-061254
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-08-26 16:36:36
- Reporting Period:
- 2016-08-25
- Filing Date:
- 2016-08-26
- Accepted Time:
- 2016-08-26 16:36:36
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1053352 | Heritage Commerce Corp | HTBK | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 949197 | Kirk W Wycoff | Patriot Financial Partners, Lp 2929 Arch Street, 27Th Floor Philadelphia PA 19104 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2016-08-25 | 68,216 | $11.86 | 2,127,730 | No | 4 | S | Indirect | Indirect By Partnership |
| Common Stock | Disposition | 2016-08-25 | 11,784 | $11.86 | 367,270 | No | 4 | S | Indirect | Indirect By Partnership |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | Indirect By Partnership |
| No | 4 | S | Indirect | Indirect By Partnership |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 3,702 | Indirect | Indirect By Partnership |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Heritage Commerce Corp - Common Stock | Series C Preferred Stock | $3.75 | 2010-08-26 | 2020-08-26 | 2,145,000 | 2,145,000 | Indirect |
| Common Stock | Standard Employee Option - NSO | $5.16 | 2011-06-16 | 2021-06-16 | 4,000 | 4,000 | Direct |
| Common Stock | Standard Employee Option - NSO | $6.39 | 2012-05-01 | 2022-05-01 | 4,000 | 4,000 | Direct |
| Common Stock | Standard Employee Option - NSO | $6.57 | 2013-04-30 | 2023-04-30 | 4,000 | 4,000 | Direct |
| Common Stock | Standard Employee Option - NSO | $8.07 | 2014-02-27 | 2024-02-27 | 4,000 | 4,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2020-08-26 | 2,145,000 | 2,145,000 | Indirect |
| 2021-06-16 | 4,000 | 4,000 | Direct |
| 2022-05-01 | 4,000 | 4,000 | Direct |
| 2023-04-30 | 4,000 | 4,000 | Direct |
| 2024-02-27 | 4,000 | 4,000 | Direct |
Footnotes
- Transaction of Patriot Financial Partners, L.P.
- The securities are held by Patriot Financial Partners, L.P. (the "Patriot Fund") and Patriot Financial Partners Parallel, L.P. (the "Patriot Parallel Fund," together with the Patriot Fund, the "Funds"). Patriot Financial Partners, GP, L.P. ("Patriot GP") is a general partner of each of the Funds, and Patriot Financial Partners, GP, LLC ("Patriot LLC") is a general partner of Patriot GP. In addition, W. Kirk Wycoff is a general partner of the Funds and Patriot GP and a member of Patriot LLC. Accordingly, securities owned by the Funds may be regarded as being beneficially owned by Patriot GP, Patriot LLC and W. Kirk Wycoff. Mr. Wycoff disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.
- Transaction of Patriot Financial Partners Parallel, L.P.
- The Series C Preferred Stock is automatically convertible following the subsequent transfer of the Series C Preferred stock to a transferee not affiliated with the holder in a widely dispersed offering.
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